Re Contract

Carillion PLC
23 December 2002



CARILLION APPOINTED PREFERRED BIDDER FOR MAJOR NEW PPP HOSPITAL DEVELOPMENT IN
OXFORD



A 50:50 joint venture between Carillion plc and The Royal Bank of Scotland has
been appointed preferred bidder by The Oxford Radcliffe Hospitals NHS Trust for
the John Radcliffe Site Public Private Partnership project.



The project will include the £125 million construction of a new centre for
services on the John Radcliffe Hospital site, that will relocate from the
Radcliffe Infirmary, and a new Oxford Children's Hospital.



Carillion will carry out the construction work, which is expected to start in
the summer of 2003, and provide maintenance for the new buildings and facilities
management services to the John Radcliffe site.



The total value of the project for Carillion is expected to be worth around £600
million over the 30-year concession period.



Commenting on the appointment, Carillion Chief Executive John McDonough said, '
We are delighted to have been selected as the preferred bidder for this
important project and very much look forward to working with the Oxford
Radcliffe Hospitals NHS Trust.  This will be Carillion's sixth PPP hospital and
is a further major step in the development of our healthcare business.'



For further information contact

John Denning, Director Group Corporate Affairs  01902 316384

John Davies, Corporate Communications Manager   01902 316444

                                                07702 636921



Notes to editors



Carillion has 16 financially closed PPP contracts focused primarily on the
health, transport, secure establishments and university accommodation sectors.




                      This information is provided by RNS
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